WebGuy

From my personal experience in Nonthaburi, they only came for the first extension. I extended it the second time recently and am under consideration stamp now. I must go there on 28th February and they still didn't call me so it's possible they only come first time to your house.

Which part?

Not referring to crypto exchanges taking off the tax but when the ones who must pay the crypto tax how to count it.

I've found out. I have a choice to make. I can pay 15% tax right away and forget about it or I can add the crypto profit to my aggregated annual income and then depending on which bracket I am, I pay the taxes.

I believe Thailand has capital gain tax so would need to pay tax on it.

Add it to my taxable income and pay the taxes accordingly or first pay 15% on crypto capital gain (on 50k thb) and plus add it to my taxable income increasing my taxes?

Hi folks, I have a small company registered in Thailand almost a year and a half ago. It is common setup i.e. I am a foreigner (49%) and my wife is Thai (51%). There are 2 Thai employees and I am the director. I had to register this company because my employer in HK said it was on me to obtain the visa and WP which I did by registering my company. So the employer send my salary to my company's business account which means I have 12 international equal transactions annually coming from abroad. The thing is I have a feeling that my accountant overcharges me so I would like to ask if the prices they charge me for my company setup are too big or I am wrong. Every months my wife lists our expenses in an Excel file and sends them to the accountant. I perform the business account transactions (2 employees' salaries, my salary etc.) by myself and the accountant pays all the necessary taxes to the tax department. This is how much I pay for the accountant service fees annually: Monthly accounting fee: 6000 thb (72k thb annually) End of year audit: 30000thb Could you please say am I paying too much or this would be acceptable pricing for the type of company I run in Thailand?

So let's say I invested 50k thb in BitKub and now have 100k thb i.e. my profit is 50k. Do I just pay tax on 50k and that's it or also have to add these 50k to my annual income and thus potentially be in a higher tax bracket?

Thank you for your answer. However, I assume that being on LTR means I can't apply for Thai citizenship. Right? If the above is right, I have a dilemma i.e. I can stay on non-immigrant O marriage visa, pay taxes and have the WP for 3 consecutive years and then apply for Thai citizenship or go for LTR and to not pay for taxes but not being eligible to apply for Thai citizenship. Did I get it right?

Thank you. I will explore this. The other question would be if based on being on LTR I can apply for Thai citizenship. I am married with Thai wife and we have a daughter. I must wait for 3 years to be on non O marriage visa and then I can apply. I don't think the the response will be positive on this one.

Didn't know that if being on LTR and getting income from abroad is not taxed. Is this really correct? If this is correct, I am closing my Thai company and switching to LTR.

Thank you all. I am in Nonthaburi and this is my second yearly extension for the non-immigrant O marriage visa. Last year I used 400k but this year I go with monthly income. I registered a Thai company with my wife (51% : 49%) and have been receiving a monthly income for the last 14 months so I decided to go for that one. Hopefully, I won't need to get confirmation from my embassy for working for a Thai company. I am in taking photos phase now 🤗🤗🤗 and it is so enjoyable! I will update everyone once it goes through. I know whatever I provide, they will ask for something new. Here I found the official requirements: https://www.immigration.go.th/?page_id=1772 ... and I am attaching the form here if someone needs it. Cheers!

Anyone has the list of requirements for the yearly extension of Non-immigrant O marriage visa?

Australian of Serbian descent

Thank you very much.

Thank you. Nonthaburi immigration office. Last year I went with the proof of 400k in Kasikorn but this year I am going with BBL monthly salary which is above 40k. I didn't know I need the proof of bank account ownership. How old/young should these two documents be? As I provided plenty of family pictures last year and the immigration came to our home to take photos of us, do I have to provide the photos this year too or I am already in the system so no need for these?

Hi folks, My non-immigrant O marriage visa extension expires on 29th January 2025 and I need to apply for the second extension and I have two questions. What would be the best time to apply before the expiry date? I receive my monthly salary in Bangkok Bank. Do they provide a a letter of proof of my income or what'sthe form I need to ask for? Thanks

Yeah. Not sure why would anyone retire in a high touristy area.

Moka, is this the coffee that tastes like chocolate? That's my favorite coffee I buy in Amazon. If it is, which of these two types of coffee gives it that chocolate taste, Arabica 100% French Dark Roast or HillKoff Arabica coffee? Thanks

No home. To serve here

Now they have your debit/credit card information and they can use it or sell it to someone else. I wanted to buy MSFT 365 and my friend provided me with a similar site and 75% discount promotion code. I said to him it was question of time when they will start taking money off the card but he answered that he had been using their service since 2 years and never had problems. I said to him they are in information collection phase now. Anyway, there is a workaround which is to have a debit card connected to a bank account that is literally used for all online purchases. For example, if you wanna buy something from Shopee that costs 500 THB, you first transfer those 500THB to that bank account and perform the transaction. Be careful guys with sites that sell you Windows and other software for so cheap money.

My Thai wife and I have a company (she owns 51% and I own 49%). I am appointed as a director. I didn't know there are these premiums for tax deduction. Could you please provide some source?

Here are the fees for sending money internationally on the BBL site: https://www.bangkokbank.com/en/Personal/Other-Services/Transfers/-/media/253a57cc639e46f0b9104cb1deda188c.ashx Thanks for the idea but I would like to avoid registering on different platforms in order to ask for their deposit account and then to check with the banks. Account registration and verification will be pain in the neck.

Hi guys, EU citizen here employed in Thailand with work permit and family (with Thai wife and 3 years old daughter child). I invest monthly in index ETFs for retirement purpose and am currently with XTB platform. Initially I opened my account with IBKR but depositing the funds is a nightmare as every time I would like to deposit I must go to the bank in person, provide documents and it costs minimum 1100 THB per deposit transaction. That's why I am with XTB now. However, I still look for another trading platform as XTB in Thailand is registered in Belize, there is no minimum security of the funds invested like in the EU, US etc. I discovered that some potential trading platforms are Saxo Bank and Schwab international accounts. I know that for an international Saxo account $10K and for Schwab account $25K deposit is required which is not an issue. On their websites I tried to find out how depositing funds from Thai bank account works and everything looks smooth but all looked smooth with IBKR, too and when I wanted to fund the account, I realized I had to take the documents and pay 1100 THB to Kasikorn / Bangkok bank. What I fear from is that I will open the account with Saxo or with Schwab and when wanting to deposit, I will find out the same thing so I would like to ask if anyone knows how it goes when depositing Thai bath from Thai bank account to these trading platforms (or if there is a better trading platform company that I should have a look into)? For your information, funding XTB platform is easy and with QR code instantly and the currency exchange rate from THB to US$ is pretty fair.

Oh noo. This news has ruined all of my plans for tuday.